The Ministry of Micro, Small & Medium Enterprises has unveiled a pioneering initiative called the Trade Marketing Enablement & Scheme. This ambitious program aims to facilitate the seamless onboarding of MSEs onto the ONDC. Thereby enhancing their digital presence and competitiveness in the market. Understanding the Trade Enablement & Marketing Scheme This scheme is mainly […]
Ecom Express nears unicorn status with the advanced discussions to raise a substantial amount of INR 350-400 Cr from its existing investors. The primary stakeholders involved in this funding round include Warburg Pincus, CDC Group, and Partners Group. These discussions are nearing their final stages, indicating a high probability of success for Ecom Express. This […]
Recently Ashutosh Gupta joins Avataar Venture. He was also served his services as a former head in LinkedIn India. This shift marks a new chapter in Gupta’s illustrious career, as he brings his extensive experience in SaaS and B2B technology to the growth-stage VC firm. Ashutosh Gupta’s Career at LinkedIn Gupta’s journey with LinkedIn began […]
In a recent development, Paytm employees seek Reinstatement by approaching the Labour Ministry, alleging unlawful termination. This move has garnered significant attention, shedding light on the employment practices at one of India’s leading fintech companies. The affected employees are seeking reinstatement, citing unfair and unethical treatment by the Paytm management. Unlawful Termination Allegations The aggrieved […]
Recently WestBridge Capital divestment about INR 380 Cr in the shares of IndiaMart which improve its position in the market. This significant transaction was executed through three separate bulk deals, each playing a crucial role in the overall divestment strategy. Details of the Bulk Deals Prices of these shares are about 2,601 per share. This […]
Recently PhonePe Launches Indus Appstore which help it to expand its ecosystem in the industry. The company is now in discussions with smartphone manufacturers to pre-install the Indus Appstore on their devices. This move aims to boost the reach and accessibility of the app marketplace, positioning it as a formidable competitor in the app distribution […]